Govt to save RM4.1 billion through targeted electricity subsidy
Deputy Finance Minister Steven Sim says the government will save RM4.1 billion through the implementation of targeted electricity subsidy for half a year in 2023. – The Malaysian Insight file pic, March 21, 2023.
Deputy Finance Minister Steven Sim said the actual cost of the subsidy to maintain the current electricity tariff, if fully implemented, would reach RM14.9 billion, but with targeted subsidy, it would only be RM10.8 billion.
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